Shiprocket is preparing for a significant initial public offering. The Gurugram-based company aims to raise Rs 2,342 crore through its IPO. Investors and founders are selling shares in the offer-for-sale component. Shiprocket plans to list in the first quarter of fiscal year 2027. The company reported operating revenue growth and a reduced net loss for the six months ended September.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on